New orders for BWG Homes May 2010

BWG Homes ASA secured a total net order intake of NOK 281.8 million during May 2010 compared with NOK 282.4 million for May 2009, a decrease of 0.2 percent. The net order intake in May for Segment Norway was NOK 134.6 million (NOK 144.0 million), down 6.5 percent. The net order intake in May for Segment Sweden was NOK 147.2 million (NOK 138.4 million), up 6.3 percent.

 

The total net order intake for the year so far:

BWG Homes ASA: NOK 1 450.4 million, up 13.9 percent, Segment Norway: NOK 820.1 million, up 14.5 percent, Segment Sweden: NOK 630.3 million, up 13.1 percent.

 

 

See also monthly development at http://www.bwghomes.no/en/Investors-relations/Financial-info/New-orders/.

 

 

Further information from:

Lars Nilsen, CEO, BWG Homes ASA, tel: +47 23 24 60 00,

Arnt Eriksen, CFO, BWG Homes ASA, tel: +47 23 24 60 37, +47 922 14 625.

 

BWG Homes develops, sells and constructs residential homes in the Nordic region. The brands owned by the Group are Block Watne and Hetlandhus in Norway, Myresjöhus and SmålandsVillan in Sweden. BWG Homes sells and constructs homes through own residential projects and for individual customers. Ranked as a leading residential house builder in its markets, the Group annually completes approx. 2 000 new homes. BWG Homes has 850 employees. In 2009 the turnover was NOK 2.5 billion.

 

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)